Whale Watching: 7000 Bitcoin transfer tops the list – Chepicap

This week saw one of the lowest weeks in terms of total volume moved by whales totalling a mere $97.8 million in the top five. The top three cryptos all feature with a surprise altcoin making the list with a large $20.6m whale move.

This week saw the rise of altcoins as the market recovery with mid to low cap coins saw some decent gains. One would assume with all the green in the market and coins jumping up 20% in some cases, that whale moves would be the order of the week. However, this week saw very little whale moves occur with the top five totalling a mere $97.8m in transactions.

Featuring this week includes the king of the hill, Bitcoin which claimed top spot once again. Ethereum features twice in the middle of the table while XRP rounds up the list. The most notable surprise comes from a coin called Maximime Coin (MXM) which took second spot with a $20.6m whale move. The project is not very well known and is only tradable on CoinBene and HitBTC. Currently MXM ranks 81 on Coinmarketcap with a total market capitalization of $56.3 million.

TOP 5 LARGEST WHALE MOVEMENTS:

This weeks total whale moves saw $97.8 million in cryptos being transferred for a total fee of $5.51.

An EOS user named “fuckhacker.x” figured out how to create a large fake transaction, but it seems EOS was able to detect it. Unfortunately, the transaction was broadcasted before it was removed. We have built in an extra check to prevent it from happening again.

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